Gold monetization scheme is a third class scheme where returns are a pittance and safety of gold totally unsure till first batch of repayment is made. People do not give gold to the temple so that govt can use it for GMS. The temples which go for GMS will see gold donations come down to zero. Hope better sense prevails and demand for gold is met by increasing exports and not using internal gold reserves which have to be paid back by importing gold later on.
Re: PM pressurizing temples to make his scheme a success
by gopalakrishnan on Jan 18, 2016 05:36 PM
The person framed the gold monetization scheme have no practical wisdome. Only fool will deposit gold in this case. If any body deposit this they will get a meager interest. But our taxterroist will kill that guy by asking source etc. As you know most the B money was deposted in Swiss(land) or golden land only
Re: Re: PM pressurizing temples to make his scheme a success
by kumar kn on Jan 18, 2016 07:44 PM
Good to see our PM visiting the temple. All psuedos must be angry and naturally will oppose anything Modi does.
